1500 Oleander Dr, La Marque, TX 77568
- $649,000
- 2
- BD
- 6,600
- SqFt
- List Price
- $649,000
- MLS#
- 40844817
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1976
- Bedrooms
- 2
- Living Area
- 6,600
- County
- Galveston
- Area
- 33
- City
- La Marque
- Subdivision
- Norman & Boatright
Property Description
Rare investment opportunity in a growing market. Add eight income-producing units to your residential leasing portfolio at less than $82,000 per door. Consisting of two well-maintained fourplexes, this property offers affordability, stability, and long-term upside. The units are easy to lease due to competitive rental rates and a location convenient to major employment centers. Easy access to I-45, off-street paved parking, and a practical layout support strong tenant demand. Positioned to benefit from continued regional growth, the property offers an attractive entry point below replacement cost. Low-maintenance construction and straightforward management make it ideal for investors seeking dependable cash flow and future appreciation. Located outside the 100-year flood plain, the property offers added confidence and reduced ownership risk.
Additional Information
- Unexempt Taxes
- $4,371
- Lot Size
- 5,532
- Roof
- Composition
- Stories
- 2
- School District
- Texas City
- Elementary School
- Hayley Elementary (Texas City)
- Middle School
- La Marque Middle School
- High School
- La Marque High School
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Listing courtesy of Hudson Holmes from Joe Tramonte Realty, Inc.. Contact: